Tag: gaming

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Gamefi Project Oasys Aims to Grow Blockchain Gaming in Japan Through YGG Partnership

Oasys, a gaming-oriented, Japan-based Web3 project, is partnering with YGG, a blockchain gaming guild, to grow blockchain gaming in Japan. The partnership encompasses the use of YGG resources to promote gaming projects built on top of the Oasys ecosystem, giving developers from all over the world an opportunity to get into Japan’s gaming market. Oasys…
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90% of GameFi projects are ruining the industry’s reputation

Too many projects are releasing over-hyped trailers that they can’t match with gameplay. The GameFi industry is set to unleash its massive potential within the next six years. According to Absolute Reports data, its estimated value will grow to $2.8 billion by 2028, with a compound annual growth rate of 20.4% in the same period.…
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Traditional firms likely won’t be leading the charge in the next generation of Web3 games — WAX CEO

“I actually think the first big games that have multimillion persistent users daily — those will come from new startup studios,” said William Quigley. Traditional ideas about gaming, coming from both the firms developing the games and the players themselves, could slow down adoption of Web3 games, according to WAX co-founder and CEO William Quigley. …
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‘No Possibility’ that Wemix Will Be Delisted in S Korea, Says Gaming Giant WeMade

The South Korean gaming giant WeMade has claimed there is “no chance” its wemix token will be delisted by the nation’s leading crypto exchanges – despite the fact that it has been placed on a watchlist…. Read More: ‘No Possibility’ that Wemix Will Be Delisted in S Korea, Says Gaming Giant WeMade  Read more »Sign…
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Crypto News Summary: DBS Adopts DeFi Protocols for FX & Government Securities Transactions, Union Bank of Philippines to Launch BTC & ETH Custody & Trading

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________… Read More: Crypto News Summary: DBS Adopts DeFi Protocols for FX & Government Securities Transactions, Union Bank of Philippines to Launch BTC & ETH Custody & Trading  Read more »Sign up for…
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Xbox Boss Phil Spencer Calls Today’s Metaverse a ‘Poorly Built Video Game’

Phil Spencer, CEO of gaming at Microsoft and head of Xbox, directed some criticism at the idea of the metaverse and how it is being executed. Spencer remarked that for him, the current metaverse is a “poorly built video game,” but also that the sector was still in its early stages and will surely evolve.…
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Crypto News Briefs: Australia Comes After BPS and Qoin, Bithumb Ex-Chair Faces 8 Years in Prison, Canaan Launches New Series, Art Project in Support of Ukraine

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________… Read More: Crypto News Briefs: Australia Comes After BPS and Qoin, Bithumb Ex-Chair Faces 8 Years in Prison, Canaan Launches New Series, Art Project in Support of Ukraine  Read more »Sign up for…
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Japan is losing its place as the world’s gaming capital because of crypto hostility

From regulation to taxation, Japan has been hostile to cryptocurrency gaming. That stance is threatening the country’s position as a global leader in gaming A marked hostility toward new and emerging Web3 technologies like cryptocurrencies runs the risk of costing Japan its place as the world’s gaming capital. We’re getting dangerously close to the point…
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Vietnam Ranks 1st in Crypto Adoption, USA is 5th, China Back in Top 10 – Chainalysis

While emerging markets generally dominate the global adoption list, when it comes to the top 10 list, three developments stand out: Vietnam taking the crown again, the US climbing to fifth place, and China re-entering the list, according to the latest report by blockchain analysis company Chainalysis…. Read More: Vietnam Ranks 1st in Crypto Adoption,…
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Web3 infrastructure firm ChainSafe raises $18.75M as attention shifts to GameFi

The Canadian company is focused on multi-chain R&D and blockchain gaming, which is a growing industry that’s expected to achieve multi-billion-dollar valuations. Canadian Web3 infrastructure company ChainSafe has closed an $18.75 million funding round that was backed by prominent industry venture firms, putting the company on track to expand operations at a time when demand…
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